There are many reasons in which people face financial difficulties, and here, at Credit Counsellors Australia, we understand that the circumstances of these financial worries are different for everyone. It is important to know that help is available. Financial Consultants are here to support people facing the burden of debt Australia wide. The first step to regaining your financial freedom is by reaching out for the help provided.
Talk to your credit provider:
If you are struggling to keep up with utility and credit bills, the first step is to be honest and let your creditor know that you’re experiencing financial hardship.
Apply for a hardship variation:
If you are unable to keep up with your repayments due to unemployment, illness or change of circumstance, you can request a ‘hardship variation’.
What to do if your lender takes you to court:
You need to act quickly if you receive a notice that you are being taken to court. Seek legal advice as soon as possible
Ask for help if you’re struggling with debt:
It’s important to know that free counselling and legal services are available. Find the resources below for debt help.
You can contact Credit Counsellors Australia today for your free debt assessment. Link or simply call us on 1300 003 328.
The Australian Securities & Investments Commission (ASIC) provide a free online search to help you find your nearest financial counsellor.
If you are feeling overwhelmed and require emotional support. Call Lifeline’s 24-hour crisis support service on 13 11 14 or beyondblue on 1300 22 46 36 (24 hours).
Want to find out more about sorting out your money problems? Watch this video.